The property involved in the transaction is a 4,158-square-foot condo located at 1200 Club View Drive in Los Angeles. The condo was sold for $6,200,000, translating to a price per square foot of $1,491. Situated on the 14th floor of Beverly West, the residence offers panoramic views, modern furnishings, and exclusive amenities like 24/7 security, valet parking, and a saltwater pool, providing a stylish urban retreat in the heart of the Wilshire Corridor.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $6,200,000
• Buyer: Cheryl & Jim Markham
• Seller: Emaar Properties
• Brokers: Amir Ensani, Sally Forster Jones & Tomer Fridman - Compass

Celebrity haircare pioneer Jim Markham and his wife Cheryl have acquired the luxurious condo, opting for a pied-à-terre in Los Angeles as they divest their Newport Beach mansion. The Markhams will now enjoy the exclusivity and comfort provided by the property's amenities and prime location in the city, making it a sought-after urban retreat.